Mariginiup at a glance
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Median sale
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Median rent
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Suburb gross yield
WA › Mariginiup › Lee Steere Dr
$1,990,000
For sale
Asking
4
Bedrooms
2
Bathrooms
0
Car spaces
12,000 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,990,000
Asking · $166/m² of land
No recorded sale for this property.
Mariginiup at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$97,526 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 12,000 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
0 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 12,000 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mariginiup at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Harcourts Alliance JoondalupLocated on 1.2 hectares of rural residential land, this four-bedroom, two bathroom, plus study airconditioned home is surrounded by equestrian properties all connecting to the Lake Adams bridle trails. It offers a rare opportunity to secure space, privacy and flexibility in one of the northern corridor's most desirable semi-rural locations.
Just minutes from established beaches, quality schools, shopping centres and major transport links, this property delivers the best of both worlds, rural tranquillity with urban convenience It is not often you can combine a peaceful and secluded retreat away from the bustle of a busy life while remaining conveniently close to everyday amenities.
The four-bedroom settlers style family home is spacious with two major living areas. The kitchen with stainless steel appliances has plenty of benchtops and cupboard space connected to casual dining and family living areas. The separate spacious family/lounge room has a cosy log fire. The property has an expansive outdoor entertaining area and a below ground pool that needs work and attention.
The master bedroom suite has a walk-in robe and ensuite with shower, vanity and separate toilet. The main bathroom has a vanity, shower and bath. Three further double bedrooms all come with BIRs.
The property has a study or fifth bedroom, solar electricity with 12 panels and reverse cycle air conditioning and ducted evaporative air conditioning and gas hot water. Rainwater tanks also serve the main house while the property has a 7,650kl water license to irrigate the paddocks.
Between the house and the lake are two substantial powered sheds of 140sq m and 150 sq m respectively, ideal for hobbyists or equestrian pursuits. The lower shed has operated previously as a stable.
The shed will also appeal to those looking to operate a home-based business with the potential of valuable cost savings.
Whether you are seeking a private rural lifestyle escape, space for equipment, vehicles, or an equestrian property, this home offers the flexibility within a sought-after acreage pocket and outstanding long-term potential.
Phone Terry on 0423 827 861 to organise a personal viewing.
Listing description written by Terry Watt, Harcourts Alliance Joondalup — reproduced as published, not verified by Districts.